SNP reaction to the Autumn Statement 2015: Chancellor George Osborne’s actions will hurt Scottish business November 26, 2015 As we start to pick over the detail of the Autumn Statement it would be easy for many to think the chancellor has pulled the proverbial rabbit out of the hat – although as one journalist put it yesterday, “his 'rabbit out of the hat' was to shoot the last rabbit". Today’s papers seem to hail [...]
Autumn Statement 2015 roundup: From London Help-to-Buy to potholes, here’s everything the chancellor announced today November 25, 2015 There weren’t many surprises in today’s Autumn Statement – from housing to the Northern Powerhouse, we were fairly well-versed in the measures included. Indeed, shadow chancellor John McDonnell’s decision to quote Mao ZeDong in the Commons may have been more eyebrow-raising than any of George Osborne’s measures. Landlords once again found themselves punished, with a new three [...]
Bad news for landlords as George Osborne hikes stamp duty for buy-to-let homes November 25, 2015 Chancellor George Osborne has said he will raise stamp duty on buy-to-let homes by three per cent. During his Autumn Statement today, Osborne said many buy-to-let and second homes were bought by people who "are not resident in this country". The new rules will be introduced in April 2016. Read more: Stamp duty changes are a kick [...]
Autumn Statement 2015: George Osborne doubles government housing budget November 25, 2015 Chancellor George Osborne has announced plans to increase housing in inner cities, sell off prisons to develop new homes, and plough cash into affordable housing schemes. Delivering his Autumn Statement, Osborne announced plans to double the housing budget, doubling the amount the government spends on affordable housing. "We choose to build. Above all, we choose to build [...]
Autumn Statement 2015: Here’s why the government’s new housing target is easier said than done November 25, 2015 NULL
Autumn Statement and Comprehensive Spending Review 2015: Housing set to dominate – as well as what time it starts, how to watch it and what will be in it November 25, 2015 Later today George Osborne will take to the despatch box to give his combined Autumn Statement and Comprehensive Spending Review. George Osborne has already tweeted the front cover of the document, saying it will "deliver economic and national security – the foundations of everything we do". Today's Spending Review will deliver economic and national security – the [...]
International Space Station flyover: How to trick your kids into thinking they’ve seen Santa tonight November 24, 2015 The International Space Station (ISS) has been in orbit for 16 years, but it seems this is the year parents have realised they can use it to play a devious trick on their kids: duping them into thinking it's Santa's sleigh. Yep – with excellent timing, the ISS will appear several times over the UK [...]
Former HBOS non-executive directors including then-chairman Lord Stevenson and Sir Charles Dunstone slam FCA report November 19, 2015 Former non-executive directors of HBOS have put out a statement condemning a report by the Financial Conduct and Prudential Regulation Authorities today, saying they disagree with a number of the conclusions. In a statement from law firm Ashurst, former non-execs including Lord Stevenson, the bank's chairman between 2005 and 2008, said the report "downplays the unforeseen [...]
Here’s how George Osborne, Andrew Bailey, Andrew Tyrie and others have reacted to today’s investigation into the collapse of HBOS November 19, 2015 Today's publication of an investigation into the collapse of HBOS has pointed the finger at those responsible for running the bank, as well as the Financial Services Authority (FSA), the body in charge of regulating banks at the time of its collapse. But what's the response been like? Here's what's been said. This article will [...]
FCA report into HBOS collapse: Former HBOS senior staff to be investigated over collapse November 19, 2015 Former senior managers of banking group HBOS are set to be investigated following a report from banking regulators into the failed bank published yesterday. The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) three year report into failures at the bank found that senior managers and the board of the bank were ultimately responsible [...]
